Paying a deposit is cheaper than the cost of moving their home to another park, if they can even find one. 

Feel free to reach out if you want more insights. 

I am assuming this is your "typical" free standing bank on a corner somewhere.  

Your insurance costs are high in Florida so you would want to hedge toward the middle of the state as opposed to coastal.

I would also check with the credit reporting agencies to see exactly who pulled the credit report and I would speak to the lender to see what  your mom put on the application.

Good turnkey providers should be able to minimize vacancy periods and reduce turnover costs.

@Aaron Rushtoni know your questions are very focused on the HELOC but... there are lots of aspects to a BRRRR, and financing is only one of them.and if you use borrowed funds for 100% of everything then yes, that's potentially less cash out of pocket, but it also increases the overall cost of your project, putting more pressure on the appraisal and refinance. 

RETipster (free) and Apke Bros (free).

I would like to legalize it and was wondering if anyone would be able to give me a rough estimate of the cost to convert the property to a 3 family.It does not have a sprinkler system. 

If you all have a CORE 4 to recommend in these areas please let me kThanks in advance Cap rates are not applicable to residential property imo.